EUR/USD remains near 1.0900

Note: This section contains information in English only.
Source: Dukascopy Bank SA


Due to the US holidays the markets are closed in the United States, which has reduced volatility. In general, it has resulted in the EUR/USD remaining near the 1.0900 mark.

A resumption of the previous decline would have to pass below the 50-hour SMA and the 1.0900 mark. Further below, the rate could look for support in the 200-hour simple moving average near 1.0860 and the 1.0850 mark, before the rate reaches the weekly simple pivot point at 1.0831 and the 1.0825/1.0830 range.

On the other hand, the pair has to pass the 100-hour SMA near 1.0920, prior to a recovery to the 1.0950/1.0965 range. Higher above, take into account the combination of the 1.1000 mark and the weekly R1 simple pivot point.
Back to articles

Actual Topics

Fri, 24 Nov 2023 12:46:48 GMT

GBP/USD moves higher

After the UK PMI caused jump, the GBP/USD consolidated and traded near 1.2530. However, on Friday morning, the pair started to surge, as by mid-day the weekly R1 to simple pivot point's resistance was being tested at 1.2575. In the case of the Pound surging against the US Dollar above the weekly R1 at 1.2575, the rate could be slowed

Thu, 23 Nov 2023 14:08:48 GMT

Gold finds support in 100-hour simple moving average

Gold has retraced back down and found support in the 100-hour simple moving average near the 1,986.00 level. During the first part of Thursday's trading, it was spotted that the price remained below 2,000.00. The metal appeared to be needing additional support to push higher. The support could be provided by the 100-hour SMA moving higher. The price needs to

Subscribe to "Fundamental Analysis" feed

Subscribe
To learn more about Dukascopy Bank CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
For further information regarding potential cooperation,
please call us or make callback request.
To learn more about Dukascopy Bank Binary Options / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
Chcete-li se dozvědět více o platformě Dukascopy Bank CFD / Forex, SWFX a dalších souvisejících obchodních informacích, prosím, zavolejte nám, nebo vám můžeme zavolat my.
To learn more about Crypto Trading / CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Business Introducer and other trading related information,
please call us or make callback request.
For further information regarding potential cooperation,
please call us or make callback request.